China “moved” to Russia in trade with Ukraine

Russia lost its status as the main trading partner of Ukraine. Trade with China made up 10.2% of the total volume.

In the first quarter of 2019, the largest trading partner was China, which bypassed Russia. This is evidenced by the state service statistics.

So, for three months the trade turnover with China amounted to 2,643 billion dollars and 10.2% of the total.

Russia was in second place (2558,7 billion and 9.8%). She was the first at the end of 2018.

Russia also lost the first place among importers of Ukrainian goods. For the first quarter Ukraine has reduced exports of goods to the territory of Russia 7.2% to 759,4 million. At the same time, Ukraine increased the export of goods in Poland by 0.2% to $ 817,9 million.

The total turnover of Ukraine for the three months amounted to more than $ 26 billion.

We will note, according to the customs service of the Russian Federation, in the first quarter of 2019, the trade turnover with Ukraine amounted to 3,239 billion, a decrease of 4% in annual terms.

As reported, on the eve of the Cabinet has expanded the list of prohibited goods and imposed special duties on a number of products of the Russian Federation from August 1.

The government’s decision was a response to the Russian ban on exports to Ukraine of oil and oil products, announced on April 18. Also an embargo was imposed on some Ukrainian goods, including clothes and shoes, as well as pipes and packaging materials.

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